June 30, 2020

Quick Guide: Singapore’s Enhanced Jobs Support Scheme (JSS)

The Singaporean government launched the Jobs Support Scheme (JSS) in late April as part of circuit-breaker measures outlined in Singapore’s Budget 2020 announcements aimed at containing the economic fallout caused by the COVID-19 pandemic in the country. As the government recognizes the pandemic has taken a toll on the country’s revenue generation capacity, the JSS…

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Tax Dept

June 1, 2020

PWCO Appointed as New External Auditors for Tricklestar Pte. Ltd.

Paul Wan & Co is proud to announce Tricklestar Limited, a company listed in the Singapore Stock Exchange, has appointed our firm as the External Auditors at their Annual General Meeting held recently. Incorporated in Singapore on 31 October 2018, TrickleStar Limited designs and supplies affordable, simple and easy-to-use energy-saving products to help consumers reduce…

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Wan Wei Han

May 29, 2020

Quick Guide: Income Tax for Foreigners and Returning Singaporeans

By law, individuals are required to file income tax returns and pay their annual income taxes to the Inland Revenue Authority of Singapore (IRAS). This applies to a majority of full-time employees in the country including Singaporean citizens, Permanent Residents (PRs) and foreigners deriving income in Singapore.  This year, the COVID-19 pandemic and resulting Circuit…

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Tax Dept

May 29, 2020

Quick Guide: IRAS Auto-Inclusion Scheme (AIS) for Employers

The Auto Inclusion Scheme (AIS) is a tax scheme geared towards Singapore employers and administered by the Internal Revenue Authority of Singapore (IRAS). It allows employers to submit the income tax information of their employees electronically. The purpose of this scheme is to facilitate the calculation of income taxes for employees in Singapore by including…

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Tax Dept